券业监管风暴再起！9月以来5家机构因分支机构违规被点名

Core Viewpoint - The regulatory scrutiny on brokerage wealth management businesses continues, with multiple firms facing penalties for compliance violations, particularly in client solicitation and management practices [1][4]. Regulatory Actions - At least five brokerage branches have been named by regulators for violations related to wealth management since September, including issues like improper client solicitation and promotion of false financial products [1][5]. - Zhejiang Securities Regulatory Bureau issued administrative measures against Lianchu Securities and Guorong Securities for failing to report significant events affecting branch operations and client rights [3][4]. Types of Violations - Recent violations in wealth management can be categorized into four main types: 1. Improper client solicitation 2. Promotion of false financial products by staff 3. Non-compliance in investment advisory services 4. Poor management of margin trading [5][6]. Specific Cases - Guorong Securities' YIWU branch was penalized for not reporting compliance risks promptly, while Lianchu Securities' Shaoxing branch faced similar issues [5][6]. - Zhongshan Securities' Hefei branch was found to have engaged third parties for client solicitation, leading to corrective measures [6]. - Southwest Securities' Dalian branch was cited for improper client solicitation practices involving bank staff [7]. - Huabao Securities' Changsha branch received a warning for non-compliance in client onboarding and failure to cooperate with inspections [7]. Individual Violations - Individual brokers are also under increased scrutiny, with cases of personal misconduct being highlighted, such as an investment advisor at Dongbei Securities engaging in external investments and promoting off-market options [10]. Margin Trading Violations - Guotai Haitong Securities' Shanghai branch was penalized for improper practices in margin trading, including facilitating inappropriate transactions for clients [11].